Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore - 2023

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (CIF) - 2022

In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $37,447 per ton, with an increase of 21% against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 233%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($85,250 per ton), while the price for Malaysia ($16,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (FOB) - 2022

In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $115,935 per ton, rising by 258% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($34,246 per ton), while the average price for exports to Brunei Darussalam ($1,889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore

For the third year in a row, Singapore recorded decline in supplies from abroad of man-made filament yarn (other than sewing thread), put up for retail sale, which decreased by -22.1% to 461 kg in 2022. Overall, imports faced a precipitous shrinkage.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale declined to $17K in 2022. In general, imports recorded a precipitous decline.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.1N/AN/A4.63.9%
China21.53.36.43.9-43.4%
United Kingdom6.13.34.93.7-15.4%
Turkey0.10.21.31.4141.0%
United States7.21.63.91.4-42.1%
Japan6.820.70.41.0-47.2%
FranceN/A0.30.50.752.8%
ThailandN/A2.1N/AN/A0%
Italy6.6N/AN/AN/A0%
Others3.80.61.00.2-62.5%
Total56.332.118.317.0-32.9%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Singapore in 2022:

  1. China (200.0 kg)
  2. United Kingdom (98.0 kg)
  3. India (80.0 kg)
  4. Turkey (26.0 kg)
  5. France (18.0 kg)
  6. United States (16.0 kg)
  7. Japan (13.0 kg)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore

Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Singapore surged to 149 kg in 2022, jumping by 52% against the year before. Overall, exports, however, saw a pronounced curtailment. The growth pace was the most rapid in 2020 when exports increased by 95% against the previous year. As a result, the exports attained the peak of 318 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale soared to $4.7K in 2022. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year. As a result, the exports reached the peak of $6.2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia3.34.62.33.95.7%
IndonesiaN/AN/AN/A0.10%
Brunei Darussalam0.10.1N/A0.10.0%
Vietnam0.40.1N/AN/A-75.0%
PhilippinesN/A1.5N/AN/A0%
OthersN/AN/A0.60.60.0%
Total3.76.23.04.78.3%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Singapore in 2022:

  1. Malaysia (114.0 kg)
  2. Brunei Darussalam (27.0 kg)
  3. Indonesia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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